Tag Archives: U.S. Bankruptcy Code
Will Bankruptcy Help With Divorce Obligations?
Sometimes, a divorce can trigger a financial crisis for one or both parties involved. Adding divorce-related financial obligations like alimony or child support can cause significant problems, which may even lead to bankruptcy. It is perhaps natural to wonder if filing for bankruptcy will eliminate any of these obligations. Support Obligations The U.S. Bankruptcy… Read More »
When Relationships Go Bankrupt, the Obligations Do Not
Few things are as certain in life as the reality that divorces are not only emotionally draining, but financially exhausting as well. Similarly, few couples make it through a divorce without some financial hardships. Even if just a minor reduction in credit score or the loss of equity in a vehicle, divorce hurts the… Read More »